Financial Snapshot

Revenue
$366.1M
TTM
Gross Margin
51.36%
TTM
Net Earnings
$38.40M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
98.56%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$149.9M
Q4 2024
Cash
Q4 2024
P/E
49.33
Apr 15, 2025 EST
Free Cash Flow
$111.2M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $366.1M $307.5M $257.8M $190.3M $138.9M $152.8M $122.6M $125.3M $112.3M $78.48M $63.76M $55.50M
YoY Change 19.04% 19.29% 35.48% 36.97% -9.1% 24.63% -2.13% 11.59% 43.08% 23.08% 14.89% 29.67%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $366.1M $307.5M $257.8M $190.3M $138.9M $152.8M $122.6M $125.3M $112.3M $78.48M $63.76M $55.50M
Cost Of Revenue $177.2M $155.6M $119.9M $91.33M $73.78M $78.83M $64.35M $60.36M $52.83M $37.63M $30.12M $27.00M
Gross Profit $188.9M $152.0M $137.9M $98.95M $65.14M $74.00M $58.28M $64.94M $59.45M $40.85M $33.64M $28.50M
Gross Profit Margin 51.59% 49.42% 53.48% 52.0% 46.89% 48.42% 47.52% 51.83% 52.95% 52.05% 52.76% 51.35%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $92.38M $102.0M $83.36M $70.42M $63.60M $56.80M $55.23M $49.74M $34.76M $21.67M $16.94M $15.50M
YoY Change -9.39% 22.3% 18.37% 10.73% 11.97% 2.84% 11.04% 43.11% 60.42% 27.9% 9.29% -0.64%
% of Gross Profit 48.92% 67.08% 60.46% 71.17% 97.64% 76.75% 94.77% 76.59% 58.46% 53.04% 50.35% 54.39%
Research & Development $98.83M $88.56M $74.11M $64.06M $48.60M $38.88M $34.17M $32.22M $25.19M $17.58M $14.29M $10.50M
YoY Change 11.59% 19.51% 15.69% 31.81% 25.0% 13.79% 6.05% 27.93% 43.27% 23.04% 36.07% 0.0%
% of Gross Profit 52.33% 58.27% 53.75% 64.74% 74.61% 52.54% 58.63% 49.61% 42.36% 43.04% 42.47% 36.84%
Depreciation & Amortization $13.59M $13.62M $6.000M $4.600M $4.500M $4.800M $4.500M $3.950M $2.869M $1.970M $1.370M
YoY Change -0.26% 127.05% 30.43% 2.22% -6.25% 6.67% 13.92% 37.68% 45.63% 43.8%
% of Gross Profit 7.19% 8.96% 4.35% 4.65% 6.91% 6.49% 7.72% 6.08% 4.83% 4.82% 4.07%
Operating Expenses $195.9M $195.5M $157.4M $134.5M $112.2M $38.88M $93.15M $81.96M $59.94M $39.25M $33.19M $26.00M
YoY Change 0.23% 24.21% 17.01% 19.85% 188.61% -58.26% 13.65% 36.73% 52.74% 18.26% 27.64% 0.0%
Operating Profit -$7.069M -$43.48M -$19.48M -$37.25M -$47.07M -$21.66M -$34.87M -$17.02M -$488.0K $1.601M $456.0K $2.500M
YoY Change -83.74% 123.24% -47.71% -20.87% 117.31% -37.88% 104.88% 3387.5% -130.48% 251.1% -81.76% -132.89%
Operating Profit To Gross Profit -3.74% -28.61% -14.13% -37.64% -72.26% -29.27% -59.83% -26.21% -0.82% 3.92% 1.36% 8.77%
Operating Profit To Revenue -1.93% -14.14% -7.56% -19.58% -33.88% -14.17% -28.43% -13.58% -0.43% 2.04% 0.72% 4.5%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $4.873M $4.848M $4.923M -$2.550M $5.413M $1.794M $1.403M $908.0K $1.633M $1.208M -$900.0K -$2.500M
YoY Change 0.52% -1.52% -293.06% -147.11% 201.73% 27.87% 54.52% -44.4% 35.18% -234.22% -64.0% -67.53%
% of Operating Profit 75.45% -197.37% -100.0%
Other Income/Expense, Net $7.937M $4.644M $2.517M -$11.31M $650.0K $1.242M $808.0K $508.0K $616.0K $700.0K $800.0K $2.200M
YoY Change 70.91% 84.51% -122.26% -1839.69% -47.67% 53.71% 59.06% -17.53% -12.0% -12.5% -63.64% -170.97%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income $41.00M -$43.69M -$24.12M -$51.11M -$51.83M -$22.79M -$35.46M -$17.42M -$1.505M $1.066M $400.0K $2.200M
YoY Change -193.84% 81.15% -52.81% -1.4% 127.45% -35.74% 103.59% 1057.41% -241.18% 166.5% -81.82% -111.89%
Income Tax $157.0K -$322.0K $184.0K $153.0K $89.00K $198.0K -$233.0K -$97.00K $168.0K $166.0K $100.0K $100.0K
% Of Pretax Income 0.38% 15.57% 25.0% 4.55%
Net Earnings $40.84M -$43.37M -$24.30M -$51.26M -$51.92M -$22.99M -$35.23M -$17.32M -$1.673M $900.0K $300.0K $2.100M
YoY Change -194.17% 78.45% -52.59% -1.28% 125.88% -34.75% 103.39% 935.39% -285.89% 200.0% -85.71% -111.29%
Net Earnings / Revenue 11.16% -14.1% -9.43% -26.94% -37.38% -15.04% -28.73% -13.82% -1.49% 1.15% 0.47% 3.78%
Basic Earnings Per Share $1.46 -$1.62 -$0.95 -$2.12 -$2.28
Diluted Earnings Per Share $1.39 -$1.62 -$0.95 -$2.120M -$2.276M -$1.055M -$1.653M -$835.7K -$83.74K $51.14K $17.05K $119.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $164.7M $113.2M $173.7M $193.3M $106.1M $116.5M $56.10M $58.10M $100.5M $10.10M $6.900M
YoY Change 45.46% -34.83% -10.14% 82.23% -8.93% 107.66% -3.44% -42.19% 895.05% 46.38%
Cash & Equivalents $46.05M $94.79M $19.60M $123.9M $23.60M $66.90M $17.50M $19.30M $33.60M $10.10M $6.900M
Short-Term Investments $118.7M $18.44M $154.1M $69.44M $82.50M $49.60M $38.50M $38.80M $66.90M
Other Short-Term Assets $5.536M $4.372M $5.032M $5.049M $3.900M $2.400M $2.000M $2.400M $3.000M $1.100M $700.0K
YoY Change 26.62% -13.12% -0.34% 29.46% 62.5% 20.0% -16.67% -20.0% 172.73% 57.14%
Inventory $99.35M $97.17M $46.40M $21.96M $36.30M $34.20M $44.70M $47.10M $27.70M $11.80M $9.100M
Prepaid Expenses
Receivables $56.80M $54.92M $50.00M $35.45M $25.00M $23.70M $18.50M $22.20M $17.40M $12.90M $9.600M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $326.4M $269.7M $275.2M $255.8M $171.4M $176.8M $121.2M $129.8M $148.7M $35.90M $26.30M
YoY Change 21.02% -1.99% 7.57% 49.24% -3.05% 45.87% -6.63% -12.71% 314.21% 36.5%
Property, Plant & Equipment $57.75M $54.63M $49.52M $39.17M $30.30M $33.90M $19.80M $18.10M $14.90M $12.40M $3.500M
YoY Change 5.72% 10.32% 26.43% 29.26% -10.62% 71.21% 9.39% 21.48% 20.16% 254.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $74.87M $0.00 $19.20M $14.23M
YoY Change -100.0% 34.97%
Other Assets $1.045M $1.478M $1.969M $2.462M $2.100M $500.0K $200.0K $200.0K $600.0K $0.00
YoY Change -29.3% -24.94% -20.02% 17.24% 320.0% 150.0% 0.0%
Total Long-Term Assets $162.7M $89.71M $74.57M $59.74M $36.20M $38.20M $23.90M $22.20M $18.80M $16.90M $7.500M
YoY Change 81.34% 20.31% 24.83% 65.01% -5.24% 59.83% 7.66% 18.09% 11.24% 125.33%
Total Assets $489.1M $359.4M $349.7M $315.5M $207.6M $215.0M $145.1M $152.0M $167.5M $52.80M $33.80M
YoY Change
Accounts Payable $17.25M $8.661M $25.02M $11.73M $10.10M $5.600M $4.600M $4.700M $7.200M $3.200M $2.400M
YoY Change 99.21% -65.39% 113.3% 16.16% 80.36% 21.74% -2.13% -34.72% 125.0% 33.33%
Accrued Expenses $28.58M $20.51M $15.10M $12.99M $10.60M $13.00M $10.30M $8.900M $13.70M $6.900M $5.000M
YoY Change 39.38% 35.85% 16.21% 22.54% -18.46% 26.21% 15.73% -35.04% 98.55% 38.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $283.5M $0.00 $9.633M $300.0K $6.500M $5.000M $3.700M $6.400M $4.800M
YoY Change -100.0% -95.38% 30.0% 35.14% -42.19% 33.33%
Total Short-Term Liabilities $331.2M $30.88M $42.37M $35.50M $27.60M $19.50M $23.00M $19.90M $25.40M $17.50M $14.10M
YoY Change 972.46% -27.12% 19.34% 28.63% 41.54% -15.22% 15.58% -21.65% 45.14% 24.11%
Long-Term Debt $0.00 $281.9M $280.2M $278.7M $54.60M $50.90M $17.90M $6.200M $11.40M $13.20M $4.800M
YoY Change -100.0% 0.57% 0.57% 410.37% 7.27% 184.36% 188.71% -45.61% -13.64% 175.0%
Other Long-Term Liabilities $8.039M $12.54M $11.53M $12.45M $16.30M $19.40M $6.300M $6.900M $6.800M $9.200M $4.700M
YoY Change -35.91% 8.76% -7.36% -23.63% -15.98% 207.94% -8.7% 1.47% -26.09% 95.74%
Total Long-Term Liabilities $8.039M $294.4M $291.8M $291.1M $70.90M $70.30M $24.20M $13.10M $18.20M $22.40M $9.500M
YoY Change -97.27% 0.9% 0.23% 310.59% 0.85% 190.5% 84.73% -28.02% -18.75% 135.79%
Total Liabilities $339.2M $325.3M $334.1M $326.6M $98.50M $89.80M $47.20M $33.10M $43.50M $39.90M $23.60M
YoY Change 4.28% -2.65% 2.31% 231.59% 9.69% 90.25% 42.6% -23.91% 9.02% 69.07%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 27.95M 26.75M 25.54M 24.18M 22.82M
Diluted Shares Outstanding 29.47M 26.75M 25.54M 24.18M 22.82M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.8944 Billion

About Impinj Inc

Impinj, Inc. engages in the design, sell, and license including silicon RAIN radios, manufacturing, test, encoding and reading systems, and software and cloud services that encapsulate solutions know-how. The company is headquartered in Seattle, Washington and currently employs 451 full-time employees. The company went IPO on 2016-07-21. The firm helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things, such as apparel, automobile parts, luggage, and shipments to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. The company designs, sells or licenses, including silicon RAIN radios; manufacturing, test, encoding and reading systems, and software and cloud services that encapsulate its solutions know-how. The firm sells two types of silicon integrated circuit (IC), radios. The first are endpoint ICs that store a serialized number to wirelessly identify an item. The second are reader ICs that its partners use in finished readers to wirelessly discover, inventory and engage the endpoint ICs.

Industry: Electronic Components, NEC Peers: NVIDIA CORP Ambarella Inc Diodes Inc indie Semiconductor Inc MACOM Technology Solutions Holdings Inc Maxlinear Inc Rambus Inc Semtech Corp SiTime Corp